General Information
Orbit Global FX Is An Offshore Forex And CFD Broker Founded In 2021 And Claims To Offer Clients Over 100 Tradable Financial Instruments. Orbit Global Offers Leverage Of Up To 1:200 And Floating Spreads From 0.1 Pip. It Supports Trading On The MT5 Trading Platform And Offers Three Different Types Of Live Accounts: Pro Account, ECN Account And VIP Account. They Offer 24/5 Customer Support Services To Their Clients.
Market Tools
Orbit Global FX Advertises That It Offers More Than 100 Trading Instruments Covering Financial Marekts Such As Forex, Precious Metals, CFDs And Indices.
Account Types
In Addition To The Risk-free Demo Account, Orbit Global FX Claims To Offer Three Real Trading Accounts, Pro, ECN And VIP.
PRO Account Is For Individual Traders With A Minimum Deposit Requirement Of $50. The Account Offers Normal Spreads And A $15 Commission. The Trading Platform Available Is MT5, Which Offers More Than 100 Different Trading Instruments.
The ECN Account Is For Fund Managers. This Account Requires A Higher Minimum Deposit Amount Of $5,000. It Has Lower Spreads And Also Uses MT5, Providing Access To Over 100 Trading Instruments.
Finally, The VIP Account Is For High Value Traders And Institutions. It Requires A Higher Minimum Deposit Amount Of $20,000, With Lower Spreads And A 10% Commission Rate. The VIP Account Also Uses The MT5 Platform And Offers All Trading Instruments Accounts That Are The Same As Other Accounts.
Leverage
The Leverage Ratio Offered By Orbit Global FX Is Limited To 1:200 For Forex Trading And 1:100 For Precious Metals Trading. Keep In Mind That The Greater The Leverage Ratio, The Greater The Risk Of Losing Your Deposited Funds. The Use Of Leverage Can Work Both For And Against You.
Spreads And Commissions
Orbit Global FX Claims That The Spread Starts From 0.1 Pip.
For Different Account Types, Customers Of OrbitFX Accounts Have Normal Spreads And Normal Commissions; Pro Accounts Have Lower Spreads And Normal Commissions; ECN Accounts Have Lower Spreads And Competitive Commissions; VIP Accounts Have Lower Spreads And Very Low Commissions.
However, Users Intending To Trade Should Note That They Do Not Provide Explicit Information On Fees, But Rather Describe Them Very Vaguely. If You Want To Trade, It Is Best To Look For Traders Who Show Their Fees Very Clearly In Order To Avoid Being Charged Hidden Fees.
Trading Platform
The Trading Platform Provided By Orbit Global FX Is Mobile End MT5 (Android, IOS) And Desktop (Windows, Mac OS).
Anyway, We Recommend That You Use MT4 Or MT5 As Your Trading Platform. Forex Traders Praise The Stability And Reliability Of MetaTrader, The Most Popular Forex Trading Platform. Expert Advisors, Algorithmic Trading, Complex Indicators And Strategy Testers Are Some Of The Complex Trading Tools Available On The Platform. There Are Currently More Than 10,000 Trading Applications Available On The MetaTrader Market For Traders To Improve Their Performance. By Using The Right Mobile End Points Including IOS And Android Devices, You Can Trade Anytime, Anywhere Via MT4 And MT5.
Tools And Other Services
OrbitFX Also Offers Its Clients A Range Of Additional Tools And Resources, Including:
Economic Calendar: This Real-time Economic Calendar Helps Traders Keep Track Of All The Important Events And Economic Indicators That May Affect The Market. The Calendar Provides A Detailed Description Of Each Event As Well As An Analysis Of Its Importance To The Global Market.
Copy Trading: This Service Allows Clients To Copy The Trading Strategies Of Successful Traders, Making It Easier For Beginners Or People Who Don't Have Time To Continuously Research Market Trends To Trade.
Multi-Account Manager (MAM): OrbitFX Offers Powerful MAM Accounts That Can Manage More Than 50,000 Trading Accounts. The Service Provides Accurate Fund And Trade Allocation, Instant Profit Distribution And Transparent Data Analytics, Which Are All Factors That Can Positively Impact The Financial Health And Reputation Of A Brokerage Firm.
GMT Time Zones: This Tool Helps Clients Trade In Different International Markets By Providing Real-time Updates Of Global Time Zones.
Forex Calculator: As Part Of Its Services, OrbitFX Offers A Forex Calculator That Traders Can Use To Accurately Calculate Potential Profits Or Losses Based On Their Trading Strategy.
Deposits And Withdrawals
The Minimum Initial Deposit Requirement For Orbit Global FX Is Said To Be Only $50. However, The Entry Threshold For The Other Two Accounts, Which Are Suitable For Professional Or Experienced Traders, Is Quite High.
You Can Deposit And Withdraw Funds Using Any Crypto Wallet You Prefer, As This Broker Accepts Deposits And Withdrawals Of Funds Via Cryptocurrency, Namely T Ether (USDT). It Is Convenient For Traders To Make Dollar-pegged Currency Transfers.
Customer Support
24/5 - Live Chat, Contact Form
Phone: + 971 42220183, + 1 (631) 3887344
Email: Support@orbitglobalfx.com
Support Office: 1439, Tamani Arts Offices, Business Bay, Dubai, U.A.E.
Registered Office Address:
Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands.
Bonovo Road - Fomboni, Island Of Mohéli - Comoros Union.
